In the final days before the............>

CHINA PRESS: In the final days before the week-long "Golden Week" holiday, a

debate has emerged in the market on whether to hold onto bonds through the

holiday or to cash out now, the China Securities Journal said Monday, citing

analysts. Holding bonds to lock in current yields would be a better choice, the

newspaper argued, since there is a strong chance that liquidity will be loosed

at the end of the month and it may improve further after the holiday. Though

uncertainties over the monetary policies of the U.S. Federal Reserve and the

European Central Bank do pose risks, those risks won't materialize during the

holiday, analysts were quoted as saying. In the short term, the market is

optimistic due to recent relatively weak economic data and expectations for

improved money supply ahead, experts said. As the market becomes accustomed to

new regulations, the bond market could gain momentum, the newspaper said. (China

Securities Journal)